Nov 16, 2012 5:00am EST
senators harry reid and nancy pelosi have opposed that idea in the past. he says the president can get them to budge. >> yeah, the president essentially wants what he calls balance. either you increase revenue or you, you know, decrease the spending or you try to find some type of balance. when he gets into these democratic side, they don't want programs to be cut on the backs of, let's say, the recipients, middle class recipients. here's nancy pelosi and how she explains that. >> whatever adjustments would be made in social security should be there to strengthen social security, not to subsidize a tax cut for the wealthiest people in america and say that's how we balance the budget. the same thing with medicaid and medicare. again, we have said we support a grand bargain. >> grand bargain. so right now, i think you'd have to say the democrats feel that after the election, they have some type of mandate. the republicans obviously don't agree, but the democrats want to strike while the iron is hot. the president certainly wants to come to a deal as quickly as possible. time really is running
Nov 17, 2012 8:00am EST
of congress. republicans john boehner and mitch mcconnell and democrats nancy pelosi and harry reid. >> we had a very constructive meeting with the president to talk about america's fiscal problem. >> we all know something has to be done. >> it was good. i feel confident that a solution may be in sight. >> we're prepared to put revenue on the table, provided we fix the real problem. >> tax hikes and spending cuts could go into effect simultaneously if no deal is reached on the fiscal cliff by the end of the year, both sides have said they are willing to compromise. house speaker boehner says republicans realize that neither side will get everything it wants. >>> exactly one week after he abruptly resigned as head of the cia, david petraeus was back on capitol hill. he met yesterday behind closed doors to brief lawmakers on the september 11th attack on the u.s. consulate in benghazi. according to lawmakers who were there, petraeus now says the attack was an act of terrorism and not the result of a spontaneous anti-western demonstration as initially reported. four americans died in the benghazi
Nov 16, 2012 11:00am EST
something out. that sounds good. then nancy pelosi, the house minority leader, saying that this has to be about cuts. this has to be about revenue. this has to be about growth and that she is confident a solution is in sight. sounds good, too. and then the house minority leader or rather the minority leader mitch mcconnell also suggesting that this was a constructive meeting and that we are prepared to put revenue on the table. they just emerged from the meeting. looked like they were going right back in. maybe they were going to have lunch. i don't know. they sure deserve it if they're able to come to rhetoric like that any any case. take to you break for a moment and hopefully i can scramble up wolf blitzer. given the fact we're so busy with breaking news he is probably busy as well. [ knock on door ] cool. you found it. wow. nice place. yeah. [ chuckles ] the family thinks i'm out shipping these. smooth move. you used priority mail flat rate boxes. if it fits, it ships for a low, flat rate. paid for postage online and arranged a free pickup. and i'm gonna track them online, too.